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ensures redundancy, since they can continue luxury of not committing to them for more than
supplying electricity even during challenging weather needed. A country can simply contract a Powership
conditions. If the weather conditions become too of any desired size for a relatively short period,
extreme (e.g. category 5 hurricanes such as “Irma” while continuing to investigate and monitor the
or “Maria” in 2017), Powerships can quickly move development of the battery storage technologies
to a safe harbour in a matter of hours, wait for the from commercial and technical aspects. When the
hurricane to pass and come back and re-connect to battery storage technologies become technically and
supply reliable electricity when it is most needed in commercially capable to cope with the intermittency
the islands. problems of renewables, then, countries can invest in
these solutions and let the Powerships go once their
Perfectly integrated contract durations are fulfilled. For any country, this
Powerships have a unique all-in-one design and are is an extraordinary luxury to have which cannot be
delivered ready to operate. They are implemented offered by any other permanent, land-based solution
with an on-board, high voltage substation which that uses a similar ICRE technology with Powerships.
enables no transmission losses. Moreover, they are All the characteristics elaborated above translate
implemented with on-board liquid fuel (i.e. HFO) into having an immediate supply of reliable power at
storage. In addition, fuel transfer into Powerships very competitive prices which offer flexibility and a
can be made via ship-to-ship method which means much better environment for integrating renewable
that the additional urban infrastructure burden of generation assets into the countries’ systems.
carrying fuel via trucks is eliminated.
THE IMPORTANCE OF HAVING
Economical as desired DISPATCHABLE GENERATION ASSETS
Thanks to their modular, circa 20 MW medium speed Being dispatchable is one of the most crucial aspects
internal combustion reciprocating engines (mainly for newly allocated generation to have. Dispatchable
procured from engine industry giants Wartsila or generation refers to sources of electricity that can be
MAN), either natural gas (procured from pipeline used on demand and dispatched at the request of
or from an LNG supply chain) or HFO is utilized electricity grid operators, according to the dynamic
compared to much more expensive diesel, which market needs. As an example, renewables can be
translates into much lower costs of supplied power. considered as dispatchable generation sources only
when complemented with another technology such
Highly efficient and flexible as ICRE Powerships utilizing LNG or natural gas or
Most Powerships are equipped with heat recovery HFO as dispatchable sources of generation.
systems and steam generation turbines which allows Dispatchable plants have different speeds at
for combined cycle operations. They are designed which they can be dispatched. The fastest plants to
to quickly synchronize and follow the load profile
generation. This capability is especially designed
to serve grids that experience load fluctuation and
intermittency problems caused by renewable and What differentiates
non-dispatchable assets. Utilizing their dual fuel
technology and their floating capabilities, Powerships Powerships from
offer the ability to switch between fuels and/or other land-based and
change location when and if needed.
Another angle to the flexibility issue is on the floating alternatives
contractual side. Powerships – contrary to land- is their unique design
based solutions – can be contracted for periods which is an “all-in-one”
as short as 1 year or up to 25 years, depending on
the needs of the customer. Therefore, countries, package and a “plug-
based on their strategies and energy policies, can and-play” solution.
opt for benefiting from the economical savings
from contracting a Powership while having the
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